Dec 29, 2012 10:00am PST
place not only in the u.s. but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't is because everybody's doing it. >> there's that reason and there's the underutilization both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current conditions. one is that all this money printing is masking miserable underlying conditions, that real wages haven't increased very much and the economy is in terrific shape. the other view is that the economy is okay and that this additional money printing will result in risk assets increasing in value. and you know, people in our shop, some people have the one view, other people have the other view. it's very interesting. we're in unusual times when additional research will go a long way in pointing out the mine fields. that's where we spend our time. >> that's where you do spend your time.
Dec 15, 2012 10:00am PST
government soldiers had defected sin the infantry academy came under siege. >>> and in the uk, a mass was held today for the nurse who apparently hanged herself after a prank call. her husband and children spoke about their loss for the first time since her death. she took the hoax call from two australian deejays. the funeral will be held on monday in southern india. don? >> thank you very much, deb. we'll get back to you in a minute. you know, the connecticut shooting has chilled the hearts of people all across this country and it's brought back horrifying memories of the column bin tragedy. for survivors it's like reliving this nightmare all over again. it's one of the first things that we think about when they think about a school shooting. joining me now is an author from new york. dave, you wrote about the tragedy. does yesterday's killing bear a resemblance to that or virginia tech or any of the other shootings? >> well, yes it does in a whole lot of ways. especially emotionally i think for all of us. i talked to quite a few of the columbine survivors yesterday who were having